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Receiving an audit notice from the IRS is a troubling scenario for most taxpayers, many of whom aren’t sure what to do. You might be wondering what to do next, and why you were selected in the first place. Fortunately, being audited by the IRS can be relatively painless, especially if you have a skilled attorney on your side.

What to Do if You’re Being Audited

Understand Why Your Returns Were Chosen

The IRS only audits approximately 1.1 million returns every year, accounting for just 0.5% of all taxpayers. The vast majority of these audits occur through the mail, which means you’ll probably just have to submit more information to the IRS. Most audits are triggered by math errors, missing income, or returns with several deductions. Your IRS notice should describe the reasons for the audit and what information they’ll need.

Talking to a Tax Attorney

attorneyEven if the information request seems relatively straightforward, it may be in your best interests to consult with a tax attorney before complying. With their experience, they can help identify the paperwork the IRS needs and resolve the issue as quickly as possible. Sending in too much information could raise further questions and result in another request for clarification, making the stressful process take even longer.

Attending In-Person Audits

If the auditor wants to talk to you in person, it’s always best to have a skilled tax attorney represent you. They can answer questions on your behalf, supply documentation, and may be able to keep the situation from escalating. If the IRS decides that you owe additional taxes, your attorney can also help file an appeal or work out an acceptable payment schedule.

 

If your returns have been selected for an audit by the IRS, the attorneys at Cronin Skilton & Skilton, P.L.L.C take the stress out of the process. From their offices in Nashua and Charles City, they’ve been serving clients throughout Iowa for over 80 years. Visit their website for an overview of their legal services. To schedule a consultation at their Nashua office, call (641) 435-2462, or dial (641) 228-3318 to reach their location in Charles City.

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